Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity
Phan loai do thi o viet nam
Vietnam aims for five international-standard cities by 2045
The country should have a high level of urbanization comparable to ASEAN and Asia by 2045. Vietnam aims to have at least five cities of international caliber to serve as locomotives for regional and international development networks by 2045, according to an action plan released by the Ministry of Construction (MoC) recently. Under the action plan, the ministry will execute two resolutions, one by Politburo and the other by the Government, on the sustainable development, management, and construction of urban areas in Vietnam by 2030 with a vision for 2045. Hanoi from above. Photo: Huu Thang The country plans to build a high level of urbanization comparable to ASEAN and Asia by 2045. The urban system would be integrated, balanced, and sensitive to climate change, natural disasters, and epidemics, while promoting environmental protection and distinctively modern architecture with green and smart elements, according to the action plan. Other key targets … [Read more...] about Vietnam aims for five international-standard cities by 2045
Vietnamese, French localities look to step up cooperation
Presiding over the ceremony, Mayor of Poitiers Eléonore Moncond'huy spoke highly of the the twinning relationship between the French locality and Vietnam's central city of Hue in particular, as well as the traditional cooperation between the two countries in general. She called on partners of the Nouvelle-Aquitaine region, including Poitiers, to proactively renew existing relationships, and look for new cooperation fields such as energy transformation, digital transformation, and green and sustainable development. Representing officials of the Nouvelle-Aquitaine region, Pascal Duforestel highlighted the traditional twinning relationship between Vietnam’s Lao Cai province and Poitou-Charente (the old name of the Nouvelle-Aquitaine region before 2016), which has been maintained and developed until now with cooperation projects in agriculture, French language teaching and tourism training. He pledged that the regional authority will support twinning cooperation projects, and promote … [Read more...] about Vietnamese, French localities look to step up cooperation
Vietnam becomes favorite destination for Cambodian tourists
It said previously, Cambodians visited Vietnam mainly for medical services, but over several recent years, the inflow of middle-class visitors from the neighboring country to Vietnam for tourism purpose has been rising, especially after the COVID-19 pandemic was put under control. The Central beach city of Da Nang, the ancient town of Hoi An, Da Lat – the city of thousand flowers in the Central Highlands region, Nha Trang, Vung Tau and the “Paradise Pearl Island” of Phu Quoc are some of top favorite destinations among Cambodian tourists. Tran Quoc Thinh, Director of Tay Ninh province’s Tourism Promotion Center said Cambodia is a traditional tourism market of Tay Ninh, which shares a 240-km border with Cambodia’s Svay Rieng, Prey Vieng and Tboung Khmum provinces. Cambodians regularly cross the border to Tay Ninh for sightseeing, shopping or visiting pagodas, especially on weekends or holidays, according to Thinh. The province has introduced many new, unique and interesting … [Read more...] about Vietnam becomes favorite destination for Cambodian tourists
Vietnam in sustainable management phase of COVID-19 pandemic: WHO representative
In an interview granted to the Vietnam News Agency, the official said that now in the fourth year of the pandemic, Vietnam and the world are in a much better place than they were even 12 months ago. “The tools and vaccines we have are proven to protect lives and significantly reduce risk of severe illness and death and also, in most places, to enable health systems to function more normally again,” she said. She added it is hoped that 2023 will be the year in which COVID-19 can be said to be over as a public health emergency of international concern. Assessing Vietnam's response to the COVID-19 pandemic for each stage of the pandemic, Angela said that from the start, Vietnam had well-calibrated and strong public health and social measures in place. These included a strong capacity for early detection and response, robust surveillance measures, strong border measures, and social restrictions, community adherence to personal protective behaviors; and healthcare capacity. “All … [Read more...] about Vietnam in sustainable management phase of COVID-19 pandemic: WHO representative
International conference talks heritage’s role in sustainable development
The conference, themed “Promoting the role of world cultural and natural heritage in sustainable development in Vietnam,” was jointly held by the Ministry of Foreign Affairs, the Vietnam National Commission for UNESCO and the Hanoi People’s Committee. It formed part of activities marking 35 years since Vietnam ratified the 1972 Convention Concerning the Protection of the World Cultural and Natural Heritage. The participants reviewed the protection and promotion of world cultural and natural heritage values in Vietnam, and exchanged experience in state management and the optimization of world heritage values in local socio-economic development. Vice Chairman of the Hanoi Municipal People’s Committee Ha Minh Hai said after the Thang Long Imperial Citadel won the UNESCO recognition in 2010, the Government, ministries, agencies and local authorities have focused on preserving the site and promoting its historical, cultural, architectural and artistic values. Communications … [Read more...] about International conference talks heritage’s role in sustainable development
British explorers discover 5 new caves in central Vietnam
All of them are wet caves, although some have dry branches. Hung Tru 1 cave is 1,919 meters long, Hung Tru 2 cave is 502 meters long, Hung Tru 3 cave is 153 meters long, Hung Ka Vong 1 cave is 238 meters long, and Hung Ka Vong 2 cave is 537 meters long. Experts also discovered a cave with a long underground stream, but they were unable to study it entirely due to a lack of facilities. Boats, rescue vehicles, and dive tanks will be prepared for further inspection by the crew. One of five new caves discovered in Quang Binh Province in March 2023. Photo courtesy of the British Royal Cave Association Nguyen Hoai Nam, secretary of Tuyen Hoa District Party Committee, said that the area may still have many unexplored caves. "Some caves have large spaces, stunning stalactites, and good tourism potential," said Nam. "The district intends to make these locations safe tourism destinations once more precise information is provided." With more than 500 caves discovered, Quang … [Read more...] about British explorers discover 5 new caves in central Vietnam
Mangrove worm a staple in Saigon’s beloved porridge
The unnamed porridge shop in Tan Phu District sells porridge cooked in the style of the Teochew people, who originated in southeast China, which is served with shrimp, fish, pork intestines, and trung bien -mangrove sea worms. Tang Khanh Toan, the shop owner, said that the business started in 1983, and was passed down by his father. The eatery first started selling porridge on Au Co Street, which is one kilometer away from the current location at 104/22B Trinh Dinh Trong Street, Phu Trung Ward. The current location has also been the family's home since the 1990s. The porridge is quite popular among the Chinese community in Saigon. Mangrove worms are used in traditional Chinese medicine to raise testosterone levels and enhance health. According to the owner of the restaurant, many people confuse trung bien with sa sung , or peanut worms, because of the similar shape. Mangrove worms are cleaned inside out thoroughly and used within the day. Photo by VnExpress/Quynh … [Read more...] about Mangrove worm a staple in Saigon’s beloved porridge
Hanoi seeks support from World Heritage Centre in restoration of Kinh Thien Palace
Secretary of the Hanoi Party’s Committee Dinh Tien Dung on March 24 asked for continued support from the UNESCO World Heritage Centre (WHC) for a project to restore Kinh Thien Palace in the Thang Long Imperial Citadel in Hanoi, which was recognised as a UNESCO World Heritage Site in 2010. Kinh Thien Palace is the most important building of the Thang Long Imperial Citadel (Photo: VNA) He made the suggestion at a reception for the WHC’s director, Lazzarre Eloundou, who is on a visit to Vietnam to attend a conference entitled “Promoting the role of world cultural and natural heritage in sustainable development in Vietnam.” Dung said as a "Heritage City" with an extremely rich and diverse cultural heritage fund, Hanoi has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development . He affirmed that the cooperation between Hanoi and UNESCO has contributed to … [Read more...] about Hanoi seeks support from World Heritage Centre in restoration of Kinh Thien Palace
Coastal communities to fight illegal fishing with own surveillance forces
Illustrative image (Source: VNA) Hanoi (VNA) – The Ministry of Agriculture and Rural Development on March 24 sent a document to coastal communities, asking them to quickly establish their own fisheries surveillance teams to enforce legal regulations on the exploitation and protection of aquatic resources. In a document sent to Chairpersons of the municipal and provincial People’s Committees, the ministry pointed to the fact that aquatic resources, biodiversity and marine ecosystems are declining rapidly, along with huge and unsustainable exploitation. Meanwhile, the apparatus organisation for law enforcement in the localities has yet to be strengthened, and there are shortages of both workforce and equipment to carry out patrols, inspections and the settlement of wrongdoings at sea, leading to the high rate of violations of relevant legal regulations. According to the ministry, about 20% of the inspected vessels have committed violations. After three inspections on … [Read more...] about Coastal communities to fight illegal fishing with own surveillance forces